CoreWeave & Core Scientific, Nvidia, Groq: Trending Tickers
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CoreWeave (CRWV) stock is under pressure after the company announced it will acquire data center provider Core Scientific (CORZ) in an all-stock transaction valued at $9 billion. Core Scientific stock is plunging on the news. Citi analysts raised their price target for Nvidia (NVDA) to $190 per share, highlighting the opportunity for the artificial intelligence (AI) chipmaker as sovereign AI demand intensifies. Groq (GROQ.PVT) announced its first European data center in partnership with Equinix (EQIX). Check out Yahoo Finance Executive Editor Brian Sozzi's interview with Groq founder and CEO Jonathan Ross here. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here.
📄 Summary
CoreWeave (CRWV) stock is under pressure after the company announced it will acquire data center provider Core Scientific (CORZ) in an all-stock transaction valued at $9 billion. Core Scientific stock is plunging on the news. Citi analysts raised their price target for Nvidia (NVDA) to $190 per share, highlighting the opportunity for the artificial intelligence (AI) chipmaker as sovereign AI demand intensifies. Groq (GROQ.PVT) announced its first European data center in partnership with Equinix (EQIX). Check out Yahoo Finance Executive Editor Brian Sozzi's interview with Groq founder and CEO Jonathan Ross here. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here.